e.l.f. Beauty stock gains as Morgan Stanley upgrade to Overweight

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Morgan Stanley (MS) upgrades e.l.f. Beauty (ELF) stock to Overweight from Equal Weight, lifting its price target to $153 from $139. The beauty company's shares jump on the bullish call. Julie Hyman and Josh Lipton examine the note and discuss what e.l.f. Beauty investors need to know on Market Domination.

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This post was written by Naomi Buchanan.